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We are in no way in as bad a position as say Greece, Spain or Portugal. However, in the South east we are more than a little isolated from the rest of the country. If you travel around, and especially around the north, some city centres are like an enlarged London Road, but with more jeggings...

I do agree. But Keynesian economics, which still tends to be the method for measuring such things dictates that income = output. Therefore, if marginal costs remain constant and we have a constant propensity to invest (arguable I know, but most economic theory is) and thus increase output, then...

Surely profits have everything to do with growth. Simple economic theory has it that profits are then invested - to produce more, to employ more staff, so that aggregate wages increase and more commodities can be bought. So GDP increases. No?!